Zeus Capital Debunks Fake Report Criticizing Chainlink

A report allegedly from Zeus Capital criticized Chainlink extensively and recommended shorting its LINK token. However, the company has now released a statement confirming that it is fraudulent and did not release the report.

The report, which was posted on Twitter account @ZeusCapitalLLP on July 15, claimed that Chainlink is the crypto equivalent of financial services provider Wirecard, which went defunct after a massive fraud. It also criticized the project's team for selling tokens and generating money from investors, a common legitimate practice.

However, Zeus Capital has confirmed that it did not release the report and that the name of the actual company is 'Zeus Capital Ltd', not 'Zeus Capital LLP' as reported. The statement also confirms that the Twitter account used for the propaganda was not affiliated with the company.